Ethena Foundation: ENA fee conversion is expected to be activated after the Risk Committee signs off on implementation details and governance procedures

Jinse Finance reported that the Ethena Foundation confirmed on the X platform that the fee conversion parameters set by the Risk Committee have now been met. It is expected that after the Ethena Risk Committee signs off on the implementation details and further governance processes, ENA fee conversion will be activated. The Ethena Risk Committee is currently discussing the implementation details, and once finalized, a public confirmation will be made. At that time, ENA holders will be required to vote to confirm the proposed framework.